Global Electric Screwdriver Market Growth 2023-2029

Global Electric Screwdriver Market Growth 2023-2029

Product Code:457161

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Machinery & Equipment

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Electric screwdriver is a type of power tool that relies on a current control motor to quickly tighten the screws to the set torque.

LPI (LP Information)' newest research report, the “Electric Screwdriver Industry Forecast” looks at past sales and reviews total world Electric Screwdriver sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Screwdriver sales for 2023 through 2029. With Electric Screwdriver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Screwdriver industry.

This Insight Report provides a comprehensive analysis of the global Electric Screwdriver landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Screwdriver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Screwdriver market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Screwdriver and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Screwdriver.

The global Electric Screwdriver market size is projected to grow from US$ 403.4 million in 2022 to US$ 489.5 million in 2029; it is expected to grow at a CAGR of 489.5 from 2023 to 2029.

Global Electric Screwdriver key players include Stanley Black & Decker, Bosch, Makita, Ken, TTI, etc. Global top five manufacturers hold a share over 27%. 
China is the largest market, with a share over 50%, followed by North America and Europe, both have a share over 20% percent. 
In terms of product, Cord is the largest segment, with a share over 50%. And in terms of application, the largest application is Household, followed by Industrial.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Screwdriver market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Cordless
    Cord

Segmentation by application
    Industrial
    Household

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Stanley Black & Decker
    Bosch
    Makita
    Ken
    TTI
    Positec
    FEIN
    Dongcheng
    Hitachi
    Hilti
    Kawasaki
    Chervon Holdings
    Ozito
    Dixon Automatic
    Mountz
    XU1 Powertools

Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Screwdriver market?
What factors are driving Electric Screwdriver market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Screwdriver market opportunities vary by end market size?
How does Electric Screwdriver break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?